vested
/V EH1 S T AH0 D/- 1
To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass closely.
- 2
To clothe with authority, power, etc.; to put in possession; to invest; to furnish; to endow; followed by with and the thing conferred.
โto vest a court with power to try cases of life and deathโ
- 3
To place or give into the possession or discretion of some person or authority; to commit to another; with in before the possessor.
โThe power of life and death is vested in the king, or in the courts.โ
- 4
To invest; to put.
โto vest money in goods, land, or housesโ
- 5
To clothe with possession; also, to give a person an immediate fixed right of present or future enjoyment of.
โan estate is vested in possessionโ
- 6
(of an inheritance or a trust fund) To devolve upon the person currently entitled when a prior interest has ended.
โUpon the death of the Sovereign the Crown automatically vests in the next heir without the need of coronation or other formality.โ
- 7
(financial) To become vested, to become permanent.
โMy pension vests at the end of the month and then I can take it with me when I quit.โ
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Source: https://en.wiktionary.org/wiki/vest, https://en.wiktionary.org/wiki/vested